List of Figures

FIGURE 1 POWER-TO-GAS MARKET: RESEARCH DESIGN 23
FIGURE 2 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING
THE DEMAND FOR THE POWER-TO-GAS MARKET 27
FIGURE 3 YEAR-ON-YEAR CAPACITY ADDITION OF POWER-TO-GAS TECHNOLOGIES IS
THE DETERMINING FACTOR FOR THE GLOBAL POWER-TO-GAS MARKET 28
FIGURE 4 THE NUMBER OF NEW ELECTROLYSIS OR METHANATION PROJECTS IS
THE DETERMINING FACTOR FOR THE GLOBAL POWER-TO-GAS MARKET 29
FIGURE 5 EUROPE DOMINATED THE POWER-TO-GAS MARKET IN 2018 32
FIGURE 6 ELECTROLYSIS SEGMENT IS EXPECTED TO HOLD THE LARGEST SHARE OF THE POWER-TO-GAS MARKET, BY TECHNOLOGY, DURING THE FORECAST PERIOD 32
FIGURE 7 1,000 KW AND ABOVE SEGMENT IS EXPECTED TO LEAD THE POWER-TO-GAS MARKET, BY CAPACITY, DURING THE FORECAST PERIOD 33
FIGURE 8 UTILITIES SEGMENT IS EXPECTED TO LEAD THE POWER-TO-GAS MARKET BY END-USER, DURING THE FORECAST PERIOD 33
FIGURE 9 INTEGRATED MANAGEMENT OF POWER AND GAS NETWORK IS EXPECTED TO DRIVE THE POWER-TO-GAS MARKET, 2019–2024 35
FIGURE 10 EUROPEAN POWER-TO-GAS MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 36
FIGURE 11 ELECTROLYSIS SEGMENT IS EXPECTED TO DOMINATE THE POWER-TO-GAS MARKET, BY TECHNOLOGY, BY 2024 36
FIGURE 12 1,000 KW AND ABOVE SEGMENT AND GERMANY DOMINATED THE
POWER-TO-GAS MARKET, BY CAPACITY & COUNTRY, IN 2018 37
FIGURE 13 UTILITIES SEGMENT IS EXPECTED TO DOMINATE THE POWER-TO-GAS MARKET BY END-USER, BY 2024 37
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 38
FIGURE 15 RENEWABLE NET CAPACITY ADDITION BY RESOURCES (IN GW), 2011–2018 39
FIGURE 16 EXCESS PRODUCTION OF RENEWABLE ENERGY, (KTOE) 2011–2018 40
FIGURE 17 WORLD NATURAL GAS CONSUMPTION, 2011–2016 40
FIGURE 18 WORLD NATURAL GAS CONSUMPTION, 2011–2016 41
FIGURE 19 SOLAR PV POWER GENERATION, (IN TWH) 2018 42
FIGURE 20 STOCK OF FUEL CELL VEHICLES IN 2017 43
FIGURE 21 US NATURAL GAS CONSUMPTION BY SECTOR, (TRILLION CUBIC FEET) 2018 44
FIGURE 22 POWER-TO-GAS MARKET, BY TECHNOLOGY, 2019–2024 (USD THOUSAND) 47
FIGURE 23 1,000 KW AND ABOVE SEGMENT IS EXPECTED TO DOMINATE THE
MARKET DURING THE FORECAST PERIOD 54
FIGURE 24 UTILITIES SEGMENT IS EXPECTED TO DOMINATE THE MARKET DURING
THE FORECAST PERIOD 63
FIGURE 25 REGIONAL SNAPSHOT: THE MARKET IN EUROPE IS EXPECTED TO GROW
AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 73
FIGURE 26 POWER-TO-GAS MARKET SHARE (VALUE), BY REGION, 2018 74
FIGURE 27 EUROPE SNAPSHOT 75
FIGURE 28 NORTH AMERICA: REGIONAL SNAPSHOT 99
FIGURE 29 KEY DEVELOPMENTS IN THE POWER-TO-GAS MARKET DURING 2015–2019 119
FIGURE 30 MARKET SHARE ANALYSIS, 2018 120
FIGURE 31 POWER-TO-GAS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 125
FIGURE 32 HYDROGENICS: COMPANY SNAPSHOT 127
FIGURE 33 ITM POWER: COMPANY SNAPSHOT 131
FIGURE 34 MCPHY ENERGY: COMPANY SNAPSHOT 134
FIGURE 35 SIEMENS: COMPANY SNAPSHOT 137
FIGURE 36 NEL.HYDROGEN: COMPANY SNAPSHOT 142
FIGURE 37 THYSSENKRUPP: COMPANY SNAPSHOT 146
FIGURE 38 UNIPER : COMPANY SNAPSHOT 161


List of Tables

TABLE 1 POWER-TO-GAS MARKET SNAPSHOT 31
TABLE 2 AMOUNT OF HYDROGEN DIRECTLY INJECTED INTO THE GAS NETWORK ACCORDING TO THE LEGAL REGULATIONS (%) 45
TABLE 3 ENERGY PRICES IN COUNTRIES (USD/UNIT) – 2018 45
TABLE 4 POWER-TO-GAS MARKET, BY TECHNOLOGY, 2017–2024 (USD THOUSAND) 47
TABLE 5 ELECTROLYSIS: GLOBAL POWER-TO-GAS MARKET, BY REGION 2017–2024 (USD THOUSAND) 48
TABLE 6 ELECTROLYSIS: EUROPE POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 49
TABLE 7 ELECTROLYSIS: NORTH AMERICA POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 49
TABLE 8 ELECTROLYSIS: ASIA PACIFIC POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 50
TABLE 9 METHANATION: GLOBAL POWER-TO-GAS MARKET, BY REGION 2017–2024 (USD THOUSAND) 51
TABLE 10 METHANATION: EUROPE POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 51
TABLE 11 METHANATION: NORTH AMERICA POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 52
TABLE 12 METHANATION: ASIA PACIFIC POWER-TO-GAS MARKET, BY COUNTRY 2017–2024 (USD THOUSAND) 52
TABLE 13 POWER-TO-GAS MARKET SIZE, BY CAPACITY, 2019–2024 (USD THOUSAND) 54
TABLE 14 1,000 KW AND ABOVE: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 55
TABLE 15 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 56
TABLE 16 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 56
TABLE 17 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 57
TABLE 18 100–999 KW: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 57
TABLE 19 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 58
TABLE 20 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 58
TABLE 21 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 59
TABLE 22 LESS THAN 100 KW: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 59
TABLE 23 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 60
TABLE 24 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 60
TABLE 25 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 61
TABLE 26 POWER-TO-GAS MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND) 63
TABLE 27 UTILITIES: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 64
TABLE 28 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 65
TABLE 29 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 65
TABLE 30 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 66
TABLE 31 INDUSTRIAL: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 67
TABLE 32 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 67
TABLE 33 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 68
TABLE 34 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 68
TABLE 35 COMMERCIAL: POWER-TO-GAS MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 69
TABLE 36 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 70
TABLE 37 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 70
TABLE 38 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 71
TABLE 39 POWER-TO-GAS MARKET, BY REGION, 2017–2024 (USD THOUSAND) 74
TABLE 40 EUROPE: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 76
TABLE 41 EUROPE: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 76
TABLE 42 EUROPE: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 77
TABLE 43 EUROPE: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 77
TABLE 44 GERMANY: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 78
TABLE 45 GERMANY: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 79
TABLE 46 GERMANY: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 79
TABLE 47 GERMANY: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 80
TABLE 48 GERMANY: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 80
TABLE 49 THE UK: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 81
TABLE 50 THE UK: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 82
TABLE 51 THE UK: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 82
TABLE 52 THE UK: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 82
TABLE 53 THE UK: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 83
TABLE 54 FRANCE: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 84
TABLE 55 FRANCE: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 84
TABLE 56 FRANCE: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 84
TABLE 57 FRANCE: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 85
TABLE 58 FRANCE: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 85
TABLE 59 DENMARK: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 86
TABLE 60 DENMARK: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 87
TABLE 61 DENMARK: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 87
TABLE 62 DENMARK: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 88
TABLE 63 DENMARK: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 88
TABLE 64 THE NETHERLANDS: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 89
TABLE 65 THE NETHERLANDS: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 89
TABLE 66 THE NETHERLANDS: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 90
TABLE 67 THE NETHERLANDS: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 90
TABLE 68 THE NETHERLANDS: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 91
TABLE 69 SWITZERLAND: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 92
TABLE 70 SWITZERLAND: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 92
TABLE 71 SWITZERLAND: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 93
TABLE 72 SWITZERLAND: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 93
TABLE 73 SWITZERLAND: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 94
TABLE 74 REST OF EUROPE: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 94
TABLE 75 REST OF EUROPE: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 95
TABLE 76 REST OF EUROPE: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 95
TABLE 77 REST OF EUROPE: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 96
TABLE 78 REST OF EUROPE: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 96
TABLE 79 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 97
TABLE 80 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 98
TABLE 81 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 98
TABLE 82 NORTH AMERICA: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 99
TABLE 83 US: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 100
TABLE 84 US: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 101
TABLE 85 US: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 101
TABLE 86 US: POWER-TO-GAS MARKET SIZE, BY CAPACITY, 2017–2024 (USD THOUSAND) 101
TABLE 87 US: POWER-TO-GAS MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND) 102
TABLE 88 CANADA: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 103
TABLE 89 CANADA: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 103
TABLE 90 CANADA: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 103
TABLE 91 CANADA: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 104
TABLE 92 CANADA: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 104
TABLE 93 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 105
TABLE 94 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 106
TABLE 95 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 106
TABLE 96 ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 107
TABLE 97 CHINA: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 108
TABLE 98 CHINA: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 108
TABLE 99 CHINA: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 109
TABLE 100 CHINA: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 109
TABLE 101 CHINA: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 109
TABLE 102 JAPAN: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 110
TABLE 103 JAPAN: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017-2024 (USD THOUSAND) 111
TABLE 104 JAPAN: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 111
TABLE 105 JAPAN: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 111
TABLE 106 JAPAN: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 112
TABLE 107 AUSTRALIA: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 113
TABLE 108 AUSTRALIA: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 113
TABLE 109 AUSTRALIA: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 114
TABLE 110 AUSTRALIA: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 114
TABLE 111 AUSTRALIA: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 114
TABLE 112 REST OF ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY TECHNOLOGY 2017–2024 (USD THOUSAND) 115
TABLE 113 REST OF ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY ELECTROLYSIS 2017–2024 (USD THOUSAND) 115
TABLE 114 REST OF ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY METHANATION 2017–2024 (USD THOUSAND) 116
TABLE 115 REST OF ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY CAPACITY 2017–2024 (USD THOUSAND) 116
TABLE 116 REST OF ASIA PACIFIC: POWER-TO-GAS MARKET SIZE, BY END-USER 2017–2024 (USD THOUSAND) 117
TABLE 117 DEVELOPMENTS BY KEY PLAYERS IN THE MARKET MAY 2015–AUGUST 2019 121